Seventeen years ago, Panasonic tried to 
break into the video game industry, lasting only three years before it was forced out. Now it’s ready to try again.
The company has unveiled the Jungle, a new handheld gaming system that will target players of online games. It’s a niche other companies have left wide open, but analysts—to put it kindly—are extremely skeptical about the company’s odds of success.
With a new handheld gaming system 
on the way, Nintendo is giving its current device one last hurrah at retail.
The company announced plans Monday to shave $20 off the price of the two most recent versions of its Nintendo DS — the industry’s best-selling hardware.
Nintendo has announced plans to shave $20 off the price 
of two versions of its best selling video game system – the Nintendo DS. Effective Sept. 12, the DSi will drop from $170 to $150 and the DSi XL will move from $190 to $170.
The move follows price cuts in several other regions, but the timing could raise a few questions. We’ve got three theories as to why Nintendo decided to make the move now.
Chris Morris: Journalist 